Poor focus for Lanka’s R&D
Professors idling says top entrepreneur :
Sri Lanka’s research and development sector (R&D)
is one of the lowest in the world, Nature’s Secrets Managing
Director Samantha Kumarasinghe said. Speaking at the seminar on
‘Truth untold by war heroes’ at the Hilton yesterday he said that
R&D in Sri Lanka is 01.7% of the GDP.
Korean to build novel hotel in Dambulla
For the first time a Korean entrepreneur will
invest in a novel star class hotel project in Dambulla. MD ASK
Trading Company Chairman Doo Won Wee speaking to Daily News Business
said they are initially hoping to invest Rs 20 million for this
project. He said they will build five family homes initially.
Commercial Credit bags ‘Best Finance Company in Asia’
Cementing its reputation as a premier financial
institution benchmarking the highest international standards of
service and operation, Commercial Credit was adjudged the ‘Best
Finance Company in Asia’ at the recently concluded international UDC
Business Awards in Malaysia.